TIL Desk/Business/New Delhi/ The government has reiterated that there is no shortage of wheat stock in the central pool.
In a written reply to Lok Sabha on Tuesday, Union Agriculture Minister Narendra Singh Tomar said: “As on 01.07.2022, the actual stock of wheat is 285.10 Lakh Metric Tons (LMT) against the Buffer norm of 275.80 LMT.”
In reply to another question on whether it is true that wheat procurement has fallen since there was a spurt in private procurement who bought wheat directly from farmers, the minister agreed to it.
“The procurement of wheat has fallen due to higher purchase of wheat by traders as the market price of wheat had shot up due to prevailing international geopolitical situation,” the Union Minister said.
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